Brian Carolan - Jun 25, 2021 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
VP Finance and CFO
Signature
Warren H. Mondschein, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Jun 25, 2021
Transactions value $
-$927,518
Form type
4
Date filed
6/29/2021, 04:03 PM
Previous filing
Jun 11, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $149K +3.27K +2.97% $45.44 113K Jun 25, 2021 Direct F1
transaction CVLT Common Stock Sale -$268K -3.27K -2.89% $81.90 110K Jun 25, 2021 Direct F1
transaction CVLT Common Stock Options Exercise $366K +8.06K +7.32% $45.44 118K Jun 28, 2021 Direct F1
transaction CVLT Common Stock Sale -$660K -8.06K -6.82% $81.90 110K Jun 28, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVLT Options to Purchase Common Stock Options Exercise -$149K -3.27K -7.22% $45.44 42K Jun 25, 2021 Common Stock 3.27K $45.44 Direct F1, F2
transaction CVLT Options to Purchase Common Stock Options Exercise -$366K -8.06K -19.17% $45.44 34K Jun 28, 2021 Common Stock 8.06K $45.44 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
F2 The options vested over 4 years from the date of grant, as follows: 25% on the first anniversary of the grant, quarterly thereafter for the remaining three years.